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20121226
20130103
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KPIX (CBS) 4
WJZ (CBS) 1
WUSA (CBS) 1
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
CBS
Dec 30, 2012 6:00pm PST
good faith offer. >> reporter: sell cratic leader harry reid said the gulf over taxes was still too wide. and he signaled the white house might be tying his hands. >> i've had a number of conversations with the president. and this stage we're not able to make the counteroffer. >> reporter: so senator mcconnell called the vice president who he served with in the senate for 24 years. the two men spoke several times on sunday. >> i want em to know i'm willing to get this done. but i need a dance partner. >> reporter: democrats want to let the bush era tax cuts expire for household income over $250,000 a year. republican was rather set the cuttoff at around half a million dollars or keep the tax cuts in place for everyone. in an interview on nbc's meet the press president obama said the endless wrangling was not the democrat's fault. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. >> at midday democrats suddenly declared that one element of the republican offer was a deal breaker. a proposal to
CBS
Dec 27, 2012 5:30pm PST
cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who hasn't reached out for weeks. >> the phone never rang. and so now here we are, five days from the new year, and we might finally start talking. >> reporter: but talking about what? so far, reid has not introduced the scaled-down bill he was reportedly working on over the christmas holiday. sources say that bill would extend the bush-era tax cuts for americans making less than $250,000 a y
CBS
Dec 25, 2012 5:30pm PST
leader, harry reid, a democrat, is working on crafting legislation on his own that he would essentially dare house and senate republicans to oppose. his legislation would likely extend the bush-era tax cuts for households making less than 250,000 a year. it might also include enough short-term spending cuts to temporarily offset for, say, six or eight months, the indiscriminate across-the-board spending cuts that are set to go into effect on january 1. yis bill would also try to tie up some year-end loose ends by extending long-term unemployment benefits, patching the alternative minimum tax that duds up hitting so many middle class families, and preventing a mbg scheduled drop-off in thdicare reimbursement rates for doctors at the start of the enar. eyre in hawaii, the president has had a low-key christmas with family and friends, but he will omoreaving this state as early as tomorrow to head back to grshington d.c. to put pressure on congress to pass that democratic plan. jim? >> any indications, nancy, where thewhether the republicans are willing to play ball with senator reid in thi
CBS
Dec 28, 2012 6:30pm EST
here were starting to give up. after returning from the white house, senate majority leader harry reid went to the senate floor to announce a potential breakthrough. >> the republican leader and i, and our staffs are working to see what we can come up with. we shouldn't take a long time to do that. >> reporter: for the first time, republican leader mitch mcconnell described himself as hopeful and optimistic. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference, and the majority leader can make to his conference. >> reporter: the progress came as members on both sides were growing doubtful congress could get anything done before the deadline. nebraska democrat ben kesselon: >> if we don't have a deal within the next 24 hours, the question is, where do you buy a parachute? it looks like we'd be going over the cliff. >> reporter: but leader reid had this warning about the shape of a deal to come. >> e
CBS
Dec 28, 2012 7:00pm EST
reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see
Search Results 0 to 5 of about 6 (some duplicates have been removed)